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RE: The Late Leitmotif Post
For me, it makes no sense to try to predict what Bitcoin or alt-coins might do. The system has huge complexity and dynamics, which means you can't even make an educated guess. What is left, in my opinion, is that you have to make a decision and stick to it until you can take some results and analyze them versus the assumptions you made when you made the decision. If the assumptions no longer hold, the decision must also be revised. That's the logic I use for my investments...
!PIMP
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0.00031798 BEE
I agree with the way you do this. To some degree, I do the same. I am more stubborn in some decisions and more flexible in others, which over time hasn't worked out so great, so maybe I'll need to revise that too. Curiously, I have a pretty damn good "gut feeling", but not enough times take action on it. Also, until the previous cycle, I haven't taken enough profits, and I may overcompensate this one. We will see how things turn out in the end...